Up 30% ytd, can even the best CEO drive shares of a mature company like Disney much higher?

There are many skeptics in the market, with Morgan Stanley counted among their ranks. In a note released last week analyst Benjamin Swinburne downgraded Disney from Overweight to Equal-weight rating and lowered the price target to $70.

Largely the analyst suggested Disney may not have the "ability to deliver earnings and returns beyond what is already (priced into) shares."